ASML under fire for selling DUV equipment to Chinese firm with military ties, says the machines are not subject to export controls — fears grow that ‘old technology’ will bolster Beijing’s quantum effort

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Dutch company ASML — famously the sole producer of the latest photolithography machines for fabricating cutting-edge chips — is under fire for selling hardware to a Chinese defense firm with ties to the ruling party.

Although ASML claims that the technology it sold to Chinese chip manufacturers was old and not able to “produce state-of-the-art chips,” as reported by Nos,analysts have still raised concerns over its dealings with a firm developing quantum technologies, which could have implications…



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ASML under fire for selling DUV equipment to Chinese firm with military ties, says the machines are not subject to export controls — fears grow that ‘old technology’ will bolster Beijing’s quantum effort


Dutch company ASML — famously the sole producer of the latest photolithography machines for fabricating cutting-edge chips — is under fire for selling hardware to a Chinese defense firm with ties to the ruling party.

Although ASML claims that the technology it sold to Chinese chip manufacturers was old and not able to “produce state-of-the-art chips,” as reported by Nos,analysts have still raised concerns over its dealings with a firm developing quantum technologies, which could have implications…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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